Please Solve Blanko Corporation

Old 60,000 units. During its In its third year, Nickelson any's product is 556 per Fements 2 and 3 to the income figures seem cture and sell ision's monthly costs 18. Reconcile the absorption costing and variable costing net operating incomes in (2) and (3) above. F. Blanko Corporation has the following results for the first three years of its operation The Company did not have any under or over applied overhead during the three periods. There were no changes in the selling price and the company's cost structure. Required: Find the missing amounts as indicated by the numbers Absorption Costing Year 1 Year 2 Year 3 Sales 7 ? ? Cost of sales 19 231,000.00 29 Gross profit ? ? ? Operating expenses 58,000.00 24 30 Operating inc (loss) 14,000.00 25 30,000.00 Variable Costing Year 2 Year 3 Sales 20 ? 300,000.00 Variable Cost Cost of sales 88,000.00 26 110,000.00 Selling and admin 21 11,000.00 31 Contribution margin ? ? ? Fixed cost 22 150,000.00 Operating inc (loss) (6,000.00) 27 30,000.00 Production ? 28 32 Sales 23 ? 10,000.00 Year 1 has a long- the company ch. PALMETTO HEALTH G. Based on your answers from letter F 33. How much is ending inventory in Year 1 using variable costing? 34. How much is ending inventory in Year 2 using absorption costing? 35. How much is ending inventory in units in Year 3? Old 60,000 units. During its In its third year, Nickelson any's product is 556 per Fements 2 and 3 to the income figures seem cture and sell ision's monthly costs 18. Reconcile the absorption costing and variable costing net operating incomes in (2) and (3) above. F. Blanko Corporation has the following results for the first three years of its operation The Company did not have any under or over applied overhead during the three periods. There were no changes in the selling price and the company's cost structure. Required: Find the missing amounts as indicated by the numbers Absorption Costing Year 1 Year 2 Year 3 Sales 7 ? ? Cost of sales 19 231,000.00 29 Gross profit ? ? ? Operating expenses 58,000.00 24 30 Operating inc (loss) 14,000.00 25 30,000.00 Variable Costing Year 2 Year 3 Sales 20 ? 300,000.00 Variable Cost Cost of sales 88,000.00 26 110,000.00 Selling and admin 21 11,000.00 31 Contribution margin ? ? ? Fixed cost 22 150,000.00 Operating inc (loss) (6,000.00) 27 30,000.00 Production ? 28 32 Sales 23 ? 10,000.00 Year 1 has a long- the company ch. PALMETTO HEALTH G. Based on your answers from letter F 33. How much is ending inventory in Year 1 using variable costing? 34. How much is ending inventory in Year 2 using absorption costing? 35. How much is ending inventory in units in Year 3